Repsol más Platinum Visa card

With the Repsol más Visa Platinum Card, you can buy whatever you need and get flexible payment terms. Select the payment method you want and change it at any time.

• Full payment: pay your monthly credit card bill on the 21st of the same month or the 5th of the following month.
• Deferred revolving payment: pay a fixed amount or a percentage of the bill on the 21st of each month, both with interest. You can also do so on the 5th of the following month, although you will have to pay interest on the amount until the payment date.

The Repsol más Visa Platinum Card lets you save on fuel costs:

• 3-cent discount on the spot per liter of Efitec 95 Neotech, Diésel e+ Neotech and AutoGas.
  
• 5-cent discount on the spot per liter of Efitec 98 Neotech and Diésel e+ 10 Neotech.
• Quarterly discount of 2 cents/liter if you refuel at least 250 liters during the quarter. Refunded by way of a fuel check to be used at Repsol Group gas stations within 3 months after its issue.
• Waiver of the annual issue and maintenance fee of the debit card for refueling at least 500 liters in a year (maximum value of €45). A fuel check is refunded, to be used in Repsol Group gas stations 3 months after its issue.

You will also get 5% off in stores and on lubricants, car washes and Blue+ of the Repsol Group, and other benefits, which you can check on the Repsol website.  

With the Repsol más Platinum Visa card You will obtain a series of additional benefits:

• Security at ATMs.
• Protection against fraudulent use of the card.
• Accident insurance of up to €1,250,000.
• You can purchase BBVA Payment Protection Insurance to protect you against the unexpected if you can't make your credit card payments.

With the personalized payment revolving, you can defer the payment of any purchase made with the card or the monthly amount owed, provided this amount is at least €50. 

The monthly payments will be for a fixed amount (which includes principal and interest if it is a personalized payment with interest, or principal and fees if it is a personalized payment with fee) and will depend on the term you choose, from a minimum of 3 months to a maximum of 36 months. This amount will be charged to the account on the 5th of each month. 

The first payment in both cases is different: 

• For a personalized payment with interest, it only includes interest.
• For a personalized payment with fee, a deferral fee is also included.

Once you take out the card, you can use both the BBVA app and bbva.es to calculate your monthly payment based on the repayment period you choose.

Personalized payment example revolving with interest:

• Interest rate: 18% annually.
• Credit limit: €3,000. 
• Yearly credit card issue and maintenance fee: €90. 

You take out the Repsol Más Visa Platinum Card with a limit of €3,000. That same day, for example, May 1, you make a purchase for the same amount and choose to defer it over 12 months. This is what you would have to pay: 

• The first installment will be for €134.38, which includes only interest and the annual credit card issuance and maintenance fee, which is €90.
• The next 11 installments will be for €297.88 each.
• The total amount payable will be €3,411.06 and the APR will be 26.05% (19.56% NDER).

Personalized payment example revolving with fee:

• Deferral fee: 2.9%, 3.6% 4.3% or 5% of the amount financed, depending on the period chosen (3, 4, 5 or 6 months). 
• Credit limit of €3,000. 
• Annual credit card issuance and maintenance fee: €90. 

Below are some examples of personalized payments revolving with a fee over 3 to 6 months. The NIR is 0% in every case

You take out the Repsol Más Visa Platinum Card with a limit of €3,000.  That same day, for example, May 1, you make a purchase for the same amount and choose to defer it over 6 months. This is what you would have to pay: 

• The first installment will be for €740 and includes part of the principal, the deferral management fee, which is 5% of the amount financed, and the annual credit card issuance and maintenance fee, which is €90.
• The next 5 installments will be for €500 each. 
• The total amount payable will be €3,240 and the APR will be 32.60%

If you choose to defer it over 3 months, this is what you will have to pay: 

• The first installment will be for €1,177 and includes part of the principal, the deferral management fee, which is 2.9% of the amount financed, and the annual credit card issuance and maintenance fee, which is €90.
• The next 2 payments will be for €1,000 each. 
• The total amount payable will be €3,177 and the APR will be 43.14%

If you choose to defer it over 4 months, this is what you will have to pay: 

• The first installment will be for €948 and includes part of the principal, the deferral management fee, which is 3.6% of the amount financed, and the annual credit card issuance and maintenance fee, which is €90.
• The next 3 installments will be for €750 each. 
• The total amount payable will be €3,198 and the APR will be 38.03%

If you choose to defer it over 5 months, this is what you will have to pay: 

• The first installment will be for €819 and includes part of the principal, the deferral management fee, which is 4.3% of the amount financed, and the annual credit card issuance and maintenance fee, which is €90.
• The next 4 installments will be for €600 each. 
• The total amount payable will be €3,219 and the APR will be 34.83%

The APR in these representative examples was calculated based on an amount greater than €1,500, since it is not possible to get this card with a €1,500 credit limit.

With the deferred payment revolving, you can pay a fixed amount each month or a percentage of your card bill. This payment method charges interest.

• Interest rate: 17.52%.
• Credit limit of €3,000. 
• Yearly credit card issue and maintenance fee: €90. 

The monthly payment settlement date is the 20th of each month, but if you have chosen to pay the bill on the 5th and you opted for the deferred payment, you will have to pay interest from the settlement date until the payment date.

The minimum monthly amount is €12, and you can choose any higher amount. 

The payment chosen is used to pay the interest and agreed expenses first, and then to repay the loan or the balance you draw down. Because of this, selecting lower payments could lead to a smaller proportion of the principal being repaid every month.

Once you take out the card, you can use both the BBVA app and bbva.es to calculate the repayment period based on your chosen payment method, as well as the total interest payable, if any.

You can also use the Bank of Spain's revolving card simulator to calculate the approximate total card payment or the final payment date, based on the amount and the payment method chosen (https://clientebancario.bde.es/pcb/es/menu-horizontal/podemosayudarte/simuladores/calculo_cuota_tarjeta_revolving.html).

Remember that you can change the payment method for your card whenever you want.

Example of deferred revolving payment with fixed amount

If you make a purchase for €1,500 with an NIR of 17.52% and you choose to make a fixed monthly payment of €43.69, you would have to pay: 

• 48 monthly payments of €43.69. 
• The total amount payable will be €2,456.98 and the APR will be 31.43% (18.84% NDER).

This example complies with the information requirements of Order EHA/1718/2010, which governs and controls the advertising of banking services and products, the conditions of which may not correspond to those of the contract. 

IMPORTANT: With the Repsol Más Visa Platinum Card, the credit cannot be repaid in 48 equal monthly installments because:

• The minimum amount to be repaid is 3% of the balance drawn. This means that if the amount chosen is lower than this percentage, each month you will pay the amount that results from applying that percentage. 
• The credit card issuance and maintenance fee, which is €90, is charged annually, so the payment will always be higher on the month when this fee is charged.

Therefore, if you get this card and on the same day, for example, May 1, 2020, you make a purchase for 1,500 euros and choose to make payments on the 5th of each month, the total amount payable over 48 months, assuming an NIR of 17.52% (18.84% NDER), would be €2,381.83. The APR will be 33.49%.

Remember that if you decide to pay the bill on the 5th of the month, you will have to pay interest from the settlement date until the payment date.

The fixed monthly payment may not be less than 3% of the amount spent, shown in the "Credit Card Account" statement before settlement, plus the interest generated during the corresponding monthly settlement period and the relevant fees.

The NDER is the narrowly defined effective rate and is equivalent to the APR without including fees and expenses.